🚀 $AEON — STRONG BEARISH SHORT-TERM RETRACEMENT

AEON is currently facing sharp selling pressure after failing to sustain higher levels near the 0.06473 peak, pulling back to 0.06054. The recent series of aggressive red candles indicates sellers are stepping in with strong momentum, testing short-term liquidity pools below. While the broader 24-hour trend shows a net gain of 11.83%, the immediate 15-minute market structure strongly favors a short pullback continuation setup as sellers dominate the tape.

🎯 LONG/SHORT ENTRY ZONE:

0.0600 - 0.0610

🎯 TARGETS:

🎯 TP1: 0.0590

🎯 TP2: 0.0575

🎯 TP3: 0.0555

🛑 STOP LOSS:

Close above 0.0625

📊 SUPPORT:

S1: 0.0595

S2: 0.0576

S3: 0.0550

🚧 RESISTANCE:

R1: 0.0625

R2: 0.0647

R3: 0.0670

🔮 NEXT MOVE:

Price needs to break cleanly below the immediate 0.0595 support level to confirm the continuation of the downward leg. If it attempts a pullback toward resistance, rejection near 0.0625 will validate the short entry.

📈 TRADING LOGIC:

This trade setup is favorable because momentum has shifted sharply to the downside following a rejection at the local highs, with heavy red candles erasing gains and trapping late buyers. The path of least resistance points downward toward deeper liquidity levels as selling pressure continues to outpace buyer defense at current prices.

⚠️ RISK NOTE:

Cryptocurrency markets are volatile, and rapid trend shifts can occur without warning. Always use strict risk management, proper position sizing, and never risk more than you can afford to lose. This is not financial advice.

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